December 11, 2012

The Real Secret to Trading Forex Successfully

I'm not going to sugar coat the reality for you because neither will the forex market: trading isn't easy... but it can be an extremely rewarding and profitable profession -- if you're willing to put in the effort. A lot of beginners have been, and will be, told this by other experienced traders. Unfortunately, few have any idea exactly what kind of effort needs to be put in.

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May 30, 2012

What is Leverage in Forex?

For investors and traders, not only in forex but in other markets as well (stocks, futures, options, real estate, film making, TV show production, etc.), leverage is both an effective tool and a potentially dangerous one.

Leverage is the use of borrowed funds to invest, trade, or otherwise do business.

January 15, 2012

Overcome the Psychological Barrier of Trading Small Forex Accounts

To some people, a small forex account is a $100 starting balance. To others, a $10,000 account is relatively small. Even $100,000 isn't huge compared to the fifty-million under management by the smaller end of hedge funds. But it's not the dollar balance that matters -- it's how much of it you risk, and most retail forex traders are just strolling on the train tracks of over-leveraging. Thankfully, there are ways to overcome this problem, and one might suit your personality or circumstance better than others.

It's true that having a small account balance can make trading far more difficult than it needs to be. Notice I said more difficult, not impossible...